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Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
MTD for VAT next phase rolled out
VAT-registered businesses must comply regardless of income.
Key tax changes for 2022/23
National Insurance threshold increased to match income tax allowance.
Inflation hits 30-year high
Figure expected to grow further this month.
IPSE: “IR35 damages business growth”
42% of firms report negative financial impacts.
Companies House reform impacts SMEs
Government shake up to bolster powers of Companies House.
Thousands benefit from time to pay scheme
The deadline has now passed for self-assessment submissions.
GDP nears pre-COVID levels
New figures suggest steady economic growth.
National Insurance rise takes effect
NICs rates increase by 1.25 percentage points.
New law to resolve COVID-19 rent debt
Arbitration available as “last resort” for landlords and tenants.
ATT warns against ‘one size fits all’ capital allowances
The tax group hopes all business sizes will be accounted for